http://www.incaminerals.com.au/userfiles/file/2_inca%20presentation%20nov%20dec%202012.pdf
INCA MINERALS presentation nov/dec 2012 last updated 5 Dec 2012 (on Inca minerals website under investors then > presentations)
All previous exploration confirms a large porphyry system is present at Chanape:
* Breccia cluster (>50 breccia bodies) covering 2km x 1km area
* Widespread propylitic alteration (actinolite, epidote, chlorite)
* Widespread sulphidisation (pyrite with chalco, bornite)
* Widespread gold, silver, copper mineralisation (in breccias)
* SP Anomaly (subsurface expression of pyrite zone)
* Magnetic Anomalies (subsurface expression of skarn and/or
deep propylitic/potassic alteration)
* Another Porphyry nearby (Toromocho 1.4Bt at 0.51% Cu + Ag +Mo)
* Satellite porphyry-related Au-base metal deposits
Slide 16 (last page) ‘why invest?’
*Exploration company well established in Peru
*Large porphyry project with large tonnage potential
- confirmed >2g/t Au eq over 100m in one breccias (OF 50)
- another breccias with Au over 200m interval
*Steady news stream as chanape progresses through discovery and resource definition stages
*Likely rerate potential as drill out commences next month (The company said this THEMSELVES!)
*TSR since last raising = 53%
It’s clear that management clearly know what they are onto here and have known since the end of last year if not way before that.
2013 – completion of surface geochemistry and alteration mapping, and commencement of drill out.
*Develop Chanape Project into large porphyry play
* Develop pipe-line of porphyry projects
* Seek value propositions with major mining houses operating in Peru or seeking to enter Peru – )(I like this bit a lot!!!!)
Lots of great stuff to come IMHO.
As always DYOR and do not construe this as financial advice.
- Forums
- ASX - By Stock
- ICG
- resignation of chair---- what if.??
resignation of chair---- what if.??, page-16
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ICG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.828M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 352365 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 2316209 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 352365 | 0.006 |
11 | 4221110 | 0.005 |
8 | 2487620 | 0.004 |
4 | 2766780 | 0.003 |
1 | 700000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 2316209 | 3 |
0.008 | 1135160 | 4 |
0.009 | 1180105 | 4 |
0.010 | 301378 | 2 |
0.011 | 350000 | 1 |
Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
Featured News
ICG (ASX) Chart |
Day chart unavailable